JD and Gome initiate RMB30 billion Yuan purchase plan to drive domestic demand

On August 10th, JD and Gome jointly initiated a purchase plan worth from brands RMB 30 billion yuan, including products such as televisions, refrigerators, washing machines, air conditioners, small home appliances and electronic products. The products will be sold via Gome, JD’s first-party stores,...

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Haier opens first smart home experience store in Europe

Haier opens its first Europe-based smart home experience store on July 15 at the Media World village in Viale Certosa, Milan, Italy. Covering an exhibition area of 70 square meters, the experience store provides whole house smart appliance solutions and customized smart life scenarios by offering an...

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JD.Com Buys Rest of Five Star Appliance's Equity for USD208 Million to Expand Offline

Chinese e-commerce giant JD.Com has acquired the remaining 54 percent stake in home appliance retailer Five Star Appliance for CNY1.5 billion (USD208 million) to widen its offline sales channels...

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Chinese TV maker TCL opens new plant in Mexico

The first television set has rolled off the production line at TCL Electronics Holdings’ Mexico plant, online news portal China News reported today...

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Changhong’s intelligent module manufacturing center put into production in Guangdong

Changhong’s Guangdong-based intelligent module manufacturing center comes on stream on July 8 2020. Covering 8000 square meters, the factory uses highly automatic industrial machines, and is equipped with information platforms that powered by IoT, big data and AI to improve coordination and...

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